Changes in the Value of Held Assets and Impairment Risk
First written in FY2020. 1 of 2 entries say "Materialised", first in FY2024. Latest entry: FY2024.
Natori moved to the "Worse" side of this theme in 2024, 5 years after the typical company in this theme (2019).
The whole theme swung hardest in 2019: 28 of 59 companies on the "Worse" side.
28 other companies' latest entry also says "Materialised".
- FY2024MaterialisedAnnual report
「For the software under construction account relating to functions and other features of the shared new core system currently under development that will no longer be used, the recoverable amount was assessed at zero, and an impairment loss of ¥528.486 million was recorded as an extraordinary loss.」
The impairment risk associated with changes in the value of held assets was realized, with an impairment loss of ¥528 million recorded for the software under construction account relating to unused functions of the new core system under development. - FY2020First statedAnnual report
「Our group holds a variety of assets for business use, including factories and production facilities, real estate, and marketable securities. These assets may be subject to impairment accounting if future cash inflows deteriorate due to declines in fair value, trends in production items, or other factors.」
The decline in the value of factories, production facilities, real estate and marketable securities, and the risk of impairment due to deteriorating profitability, were described as separate risks for the first time.